Door locks Capital expense Classification

1313 views 4 replies
Sir or Madam.

Our firm purchased Door locks as part of constructing a hospital building

Please advise

Can I classify locks under building as the locks are annexed to Building or

advise any

Thanks in advance
Replies (4)
Door locks ร re never classified as capital expenditure.
If the door lock is huge value and it's security purpose then You can book it's under FA.
@ sabyasachi sir
building currently under construction please advise

It's a self constructing asset right used for company purpose? All expenses to bring the asset to life are capitalised under furnitures and fixtures


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